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GUARANTEED RETAINED ANNUAL SUM

Twelve Knights

Margam Road, Port Talbot, Neath Port Talbot, SA13 2DB

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

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Beer Garden

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External Drinking Area

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Letting Rooms

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Car Park

Property details

The Twelve Knights in Margam is a pretty special opportunity! It's just a short drive from Margam Country Park, 20 minutes away from Porthcawl seafront, and a 45-minute drive from Cardiff, the capital city of Wales.

The pub is an 11-bedroom hotel with a large restaurant and bar area. Inside, there is a traditional décor and style, with the trading area having a natural flow to separate diners from drinkers. It also has something pretty special—the Brombil suite! This amazing function room space has its own bar and could be used for various occasions: weddings, Christenings, Parties, Meetings, Events—the list is endless!! There is also an additional corporate meeting room for hire!

The private accommodation consists of three generous bedrooms, a large lounge, a kitchen, a bathroom, and a shower room.

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Catering Kitchen

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Team Games

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Live Entertainment

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Live Sports

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Experienced Operator

Trading style

The Twelve Knights has been on a phenomenal journey over the last six months, and now the landlords are looking for someone to take the business even further.

The landlords are looking for experienced operators with strong customer management and Leadership skills. Previous experience with hotels and hosting functions, and who are passionate about delivering quality food and guest service.

Key financials

Reference Number: PSCFKB / 38166
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware that energy performance certificates are available from the landlord.

The Twelve Knights is currently averaging £20k per week with a 50 Wet/ 40 Food /10 Rooms split.

What’s in it for you?

26% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £35K (released weekly)
Incentive bonuses are based on business performance and standard audits.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost.
Accommodation included with most bills covered, except the council tax & TV Licence

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

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